Authorization for agreements with bank supervisory agencies regarding use of examiners

Ark. Code Ann. § 23-46-604 — under State Bank Department and State Banking Board.

Ark. Code Ann. § 23-46-604

(1) The Bank Commissioner may enter into agreements with any bank supervisory agency that has jurisdiction over a technology service provider to:(1) Engage the services of the bank supervisory agency's examiners at a reasonable rate of compensation; or(2) Provide the services of the State Bank Department's examiners to the bank supervisory agency at a reasonable rate of compensation.

(1) Engage the services of the bank supervisory agency's examiners at a reasonable rate of compensation; or

(2) Provide the services of the State Bank Department's examiners to the bank supervisory agency at a reasonable rate of compensation.